THE PRINCIPAL PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE TO FOSTER, PROMOTE AND ENCOURAGE MUSICAL EDUCATION (INCLUDING PERFORMANCES OF CHORAL AND INSTRUMENTAL MUSIC); TO ENCOURAGE EXISTING CHARITABLE, CULTURAL AND EDUCATIONAL ORGANIZATIONS; TO ASSIST IN THE ESTABLISHMENT OF NEW CHARITABLE, CULTURAL AND EDUCATIONAL FACILITIES IN FIELDS WHERE NONE EXIST; TO COORDINATE CHARITABLE, CULTURAL AND EDUCATIONAL ACTIVITIES OF THE WOOD RIVER VALLEY SO AS TO AVOID THE OVERLAPPING AND DUPLICATION OF EFFORTS; TO RECEIVE AND DISBURSE FUNDS TO IMPLEMENT THE FOREGOING OBJECTIVES.